Data discovery, channeling data, data visualization, and problem-solving; our experts are ready to help any businesses who need assistance on big data.

1. Data Analysis
Most of the businesses are sitting on various types of data, which they are assessing
during their business operations. But most of the time, the available data is not
effectively organized or consolidated to analyze and interpret.
The volume, complexity, and unstructured nature of data is always overwhelming the
SMEs, who often miss discovering the means of insight that the data can bring into
their business. But if the management is keen to explore the data with the help of
data management professionals; it yields valuable insights into their business which
helps them to plan their business operations and increase operational efficiency
strategically. It can increase business intelligence and maximize the return of equity.
Data analysts and data scientists are becoming commonplace in most businesses
nowadays and employing them on a full-time basis creates a severe financial burden
to the management; this is where HLB HAMT and their data analysis professionals
step in.
Understanding the whole world of big data in the business is challenging, but our
experts have a proper experience and understanding of three Vs in the Big Data
1. Volume (How to handle large quantities of data)
2. Velocity (Prompt dealing of data streams, which is at an
unprecedented speed)
3. Variety (How to handle the different types of formats)
Data analytics is highly relevant, as companies and industries transform to take
advantage of technological innovations. Data analytics is always confused as
descriptive analysis. There are mainly 4 types of analytics;
1. Descriptive analytics– Provides insights based on historical information
2. Diagnostic analytics- Reviews and examines the cause of historical
results
3. Predictive analytics- Identifying the patterns of historical data and
giving foresight for future

2. 4. Prescriptive analytics- Identifying the best option to achieve business
goals by using Machine learning and optimization techniques.
How the auditors are using the data analysis in their engagements
The auditors nowadays are focusing on running tests on all the transactions in general
ledgers rather than samples. Now they can concentrate on the outliers or exceptions
that are flagged as a result of data analysis.
● Monitor and improve business performance: Normally, the auditors
compare the ratios and related benchmarks to compare the specific
industry performances with the client’s performance. But now, with the
help of the realtime reporting technology in data analytics, they can
aggregate the data across all clients in a particular industry or
geography and derive a meaningful benchmark and advice the client.
● Risk identification and management: Data analytics can help the
auditors to see a bigger picture on the client data; like change in the
customer behavior, red flags identifications, fraud activities, and
predicting the economic trends.
● Improve client experience: as the data will be available realtime for
data analytics, the auditors can analyze the data more often rather
than monthly, quarterly or annual basis. As a result, the client can do
regular interaction between the auditors to get valuable and accurate
insights from their data.
How HLB HAMT Can help
As a part of HLB Global, HLB HAMT is equipped to offer data analytic services
anywhere in the region. Through the center of excellence in HLB Global, we can bring
any level of expertise and industry knowledgeable team for client servicing.
We mainly offer descriptive, diagnostic, and predictive analytic services to help our
clients on transforming various data stored into meaningful and actional insights.

3. Data discovery, channeling data, data visualization, and problem-solving; our experts
are ready to help any businesses who need assistance on big data.
MANAGING THE DATA
Your entities are creating several data each day; some times, the data sources are
scattered in different systems, and manual intervention is needed to shape the data
into a meaningful form.
HLB HAMT can help you in this scenario to work on an effective way to identify the
lapses, establish a flow by integrating systems, process improvements, and manage
the data effectively for further process. We can also help with the process automation
to stabilize the process and minimize manual intervention.
Our procedure to understand the internal control systems and software capability and
redesigning the process allows the business to leverage and transform the complete
reporting systems ( monthly, quarterly and annual ) more insightfully to run the
operations.
ANALYZE AND DISCOVER THE DATA
We are analyzing the historical information collected from various departments and
their systems ( Finance, accounts, IT, operations, HR, etc) and converting into
meaningful shape by corroborating each other. These results are examined with your
business strategy and plans.
We perform a descriptive analysis of the various historical data collected and find the
outliers and abnormalities in it. The results may help you to identify or evaluate the
chances of fraud risk, KPI’s in the departments, and inappropriate decisions that were
taken. By identifying the root causes, you can revisit and amend the business
strategies in a more effective manner to get the desired results in the future.
VISUALIZE THE DATA
We provide permanent solutions for visualization of data. Data visualization is an art; it
uses various types of infographics, graphs, charts, and mapping to present the
complex data for easy understanding by the stakeholders. The visualization includes
the trends, anomalies, and outliers in various streams of data.

4. Visualization can be defined and applied to need to know basis by different parties
and a periodical basis (daily, monthly, quarterly, and annual basis). We use different
tools and platforms as per the requirement of the client to visualize the data. We
provide customized dashboards ( realtime or periodical) on your data for your
monitoring and decision-making purpose.
Why HLB
Let’s work as a team to outsource your entire data analytics and reporting function;
when you engage us for data analytics; you are opening the doors to a real-world of
business, the technical knowledge with the right approach, and affordable cost with a
minimized risk on data. By outsourcing the function, you are leveraging from the cost
of training, resource management, technology, and knowledge.
GET FREE CONSULTATION
Data Analysis DubaiUAE | OutsourceData Analytics Dubai
CONTACT US
HLB HAMT
Level18, City Tower-2,
Sheikh Zayed Road
PO Box 32665
Dubai– United Arab Emirates.Tel: +971 4 327 7775
E-mail: dubai@hlbhamt.com
www.hlbhamt.com/